US Aiding India in Securing Lower Prices for Russian Oil

15 Mar 2024 CW Team

A Biden administration envoy has disclosed that the United States is actively supporting India's endeavors to negotiate lower prices for Russian oil. This revelation underscores the diplomatic efforts aimed at mitigating the economic impact of rising energy prices on India, amidst global concerns over energy security and supply disruptions.

The collaboration between the US and India reflects strategic cooperation between the two nations in addressing energy-related challenges and fostering economic resilience. By assisting India in securing favourable terms for Russian oil imports, the US aims to bolster India's energy security and mitigate the adverse effects of escalating oil prices on its economy.

The revelation comes at a time when global oil prices have surged, driven by various factors including geopolitical tensions, supply disruptions, and growing demand. India, as one of the world's largest oil importers, is particularly vulnerable to fluctuations in oil prices, making efforts to secure favourable terms for oil imports crucial for its economic stability.

Moreover, the US assistance underscores the importance of international cooperation in addressing shared energy challenges and promoting stability in global energy markets. By working together, the US and India can leverage their respective strengths and resources to navigate the complex dynamics of the global energy landscape more effectively.

Overall, the revelation of US support for India in securing lower prices for Russian oil underscores the importance of diplomatic collaboration in addressing energy security concerns and promoting economic stability in an increasingly interconnected world.

Infrastructure Urban

27 Oct 2025

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..